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Editing: 8; Published: January 2022
Executive Pool: 863
Companies: 22 – Covered players include Aalpha compliant coverings; ACC Silicones Ltd. ; ACL, Inc.; ALTANA S.A.; Anabond Limited; Avante International Technology, Inc.; Chase Corporation; ConinsPune; Creative Materials, Inc.; CSL Silicones Inc.; DowDupont Inc.; Dymax Corporation; Electro-Lite Corporation; electrolubricant; Europlasma NV; HB Fuller Company; Henkel AG &; Co.KGaA; Illinois Tool Works, Inc.; John C. Dolph Society; Master Bond, Inc.; MG chemicals; Peters Group; Protech Powder Coating Company LLC; Shin-Etsu Chemical Co., Ltd. and others.
Cover: All major geographies and key segments
segments: Application (acrylic, silicone, urethane, epoxy, paraxylene)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
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ABSTRACT-
Global Conformal Coatings for Automotive Electronics Market to Reach $1.1 billion by 2026
Amid COVID-19 crisis, Global Automotive Electronics Conformal Coatings Market Estimated at US$789.4 millionis expected to reach a revised size of US$1.1 billion by 2026, growing at a CAGR of 4.9% over the analysis period. Acrylic, one of the segments analyzed in the report, is expected to register a CAGR of 5.5% and reach US$499.4 million at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Silicone segment is readjusted to a revised CAGR of 3.9% for the next 7-year period.
The US market is estimated at $226.7 million in 2021, when China is expected to reach $214 million by 2026
The conformal coatings market for automotive electronics in the United States is estimated at US$226.7 million in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$214 million by 2026 with a CAGR of 7.6% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 2.6% and 4.4% respectively over the analysis period. In Europe, Germany is expected to grow at around 3% CAGR.
Urethane segment to reach US$182 million by 2026
In the global urethane segment, UNITED STATES, Canada, Japan, China and Europe will drive the CAGR of 4.6% estimated for this segment. These regional markets representing a combined market size of US$101 million will reach a projected size of US$138.3 million at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. After
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